Limit of 4 Years to Claim Input Tax Credits
As of 12/05/09, businesses will not be able to claim input tax credits for purchases more than four years old!
…As of 12/05/09, businesses will not be able to claim input tax credits for purchases more than four years old!
…While most supplies or sales are taxable in the world of the Goods and Services Tax, there are some supplies and sales that are treated differently. These are called input taxed supplies. To find out more about this, download our free fact sheet below:
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